Capital & Counties Properties PLC (LON:CAPC) Given Consensus Recommendation of “Hold” by Analysts

Capital & Counties Properties PLC (LON:CAPC) has been given an average rating of “Hold” by the seven brokerages that are currently covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a sell rating and four have assigned a hold rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is GBX 222.60 ($2.91).

A number of equities analysts have commented on CAPC shares. Peel Hunt reiterated an “add” rating on shares of Capital & Counties Properties PLC in a report on Tuesday. Deutsche Bank cut their price objective on shares of Capital & Counties Properties PLC from GBX 260 ($3.40) to GBX 240 ($3.14) and set a “hold” rating on the stock in a report on Friday, July 26th. Morgan Stanley cut their price objective on shares of Capital & Counties Properties PLC from GBX 220 ($2.87) to GBX 190 ($2.48) and set an “underweight” rating on the stock in a report on Friday, September 13th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Capital & Counties Properties PLC from GBX 245 ($3.20) to GBX 200 ($2.61) and set an “underweight” rating on the stock in a report on Tuesday, August 13th.

In other Capital & Counties Properties PLC news, insider Ian Hawksworth acquired 9,029 shares of the stock in a transaction that occurred on Thursday, August 22nd. The stock was acquired at an average price of GBX 198 ($2.59) per share, with a total value of £17,877.42 ($23,360.02).

CAPC stock traded up GBX 4.60 ($0.06) during trading on Friday, reaching GBX 249.80 ($3.26). The stock had a trading volume of 3,193,229 shares, compared to its average volume of 2,780,000. Capital & Counties Properties PLC has a 1-year low of GBX 181.40 ($2.37) and a 1-year high of GBX 280.60 ($3.67). The company has a current ratio of 1.86, a quick ratio of 1.58 and a debt-to-equity ratio of 22.90. The company has a market capitalization of $2.13 billion and a P/E ratio of -12.68. The firm has a fifty day moving average price of GBX 223.56 and a 200 day moving average price of GBX 222.46.

The firm also recently disclosed a dividend, which was paid on Friday, September 20th. Investors of record on Thursday, August 29th were given a dividend of GBX 0.50 ($0.01) per share. This represents a dividend yield of 0.23%. The ex-dividend date was Thursday, August 29th. Capital & Counties Properties PLC’s dividend payout ratio is presently -0.05%.

Capital & Counties Properties PLC Company Profile

Capital & Counties Properties PLC, a property company, invests in, develops, and manages real estate properties in the United Kingdom. Its principal properties include Covent Garden, a retail and dining destination in London; and Earls Court, a mixed-use development estate in London. The company was founded in 2010 and is headquartered in London, the United Kingdom.

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Analyst Recommendations for Capital & Counties Properties PLC (LON:CAPC)

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